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Financial News

Gains 2.5% Confirming Double-Bottom Reversal

Gains 2.5% Confirming Double-Bottom Reversal

2 months ago by Crypto InsightsCrypto

The governance token of Aave AAVE$226.98, the world’s largest decentralized lending protocol, advanced 2.5% on Tuesday afternoon above $230, recovering from an overnight selloff. The token pushed through key resistance levels, confirming a double-bottom support zone between $220 and $221.13 and triggering a reversal as… Read More

BTC Holds Steady as Market Resets After Leverage Flush

BTC Holds Steady as Market Resets After Leverage Flush

2 months ago by Crypto InsightsCrypto

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin… Read More

Bitcoin Bounce Stalls as XRP, Zcash Lead Gains; Arca Says Rally Not a Dead-Cat Bounce

Bitcoin Bounce Stalls as XRP, Zcash Lead Gains; Arca Says Rally Not a Dead-Cat Bounce

2 months ago by Crypto InsightsCrypto

A weeend bounce in crypto stalled during the Monday U.S. session with investors still fearing further declines Bitcoin BTC$111,296.88 traded just above $111,000 late Monday, up nearly 2% over the past 24 hours but off earlier highs. Ether ETH$3,971.28 slipped slightly below $4,000, down 0.2%… Read More

Nic Carter Explains the Threat and What To Do Next

Nic Carter Explains the Threat and What To Do Next

2 months ago by Crypto InsightsCrypto

Nic Carter says quantum computing is the biggest long-term risk to bitcoin’s core cryptography and urges developers to treat it with urgency, not as science fiction. In an essay published Monday, the Coin Metrics cofounder explains in plain language how bitcoin’s keys work and why… Read More

Crypto Traders Eye Major Events to Relieve Market Woes: Crypto Week Ahead

Crypto Traders Eye Major Events to Relieve Market Woes: Crypto Week Ahead

2 months ago by Crypto InsightsCrypto

The spotlight is firmly on the crypto market over the course of the week after a spurt of liquidations between Oct. 10 and Oct. 17, with BTC and ETH trading well below their respective early October highs. Despite market uncertainty, a number of catalysts are… Read More

ETH Surged as Capital Fled Bitcoin in Q3, CoinGecko Report Finds

ETH Surged as Capital Fled Bitcoin in Q3, CoinGecko Report Finds

2 months ago by Crypto InsightsCrypto

Ethereum ETH$3,960.90 emerged as the frontrunner in crypto’s third-quarter recovery, leaving bitcoin BTC$108,877.08 behind as capital flowed into altcoins, DeFi protocols, and a new wave of tokenized assets, a report by CoinCecko found. The broader market added over half a trillion dollars in value, its… Read More

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